Description of Park Place Luxury Condos
13 Units
Price Range: $800,000 – $2,600,000
Park Place is University Boulevard’s first and only luxury condominium building. The location and size of Park Place are clear market differentiators. A block away from restaurants on the strip, and just 3.5 blocks to both Bryant Denny and vibrant downtown Tuscaloosa, Park Place offers the best of all possible worlds. With only thirteen residences, Park Place will have a high element of exclusivity. Expect the best quality of construction, design, and luxury finishes including hardwood floors, top-of-the-line appliances, high-end quartzite, built-in hooded gas grills on the full length, private balcony, and so much more. Owners will enjoy a fitness center and gated and covered parking. Safety features include secure access, security camera monitoring, and gameday security.
| Year Built | Floorplans Available | Avg Price / Sq Ft | Avg Days on Market |
|---|---|---|---|
| 2020 | 2, 3, or 4 Bedrooms | $733 | 19 |
Park Place 2025 Home Owners Association Dues
| Unit Type | Monthly Fee | Annual Reserve Fee | Market Rental Rate | Square Foot Plans |
|---|---|---|---|---|
| 2 Bedroom | $542 | Included | $995 | 1,253 |
| 3 Bedroom | $780 | Included | 1,801 | |
| 4 Bedroom | $801 | Included | 1,851 | |
| 4+ Bedroom | $1,059 | Included | $1,460 | 2,449 |
HOA Dues Pay for the Following
- Trash service for all units
- Property insurance for buildings and common areas
- Liability insurance
- Directors & Officers insurance
- Fidelity bond
- All common area maintenance
- Secure association website with news, announcements, documents, and financials